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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kibo Energy Plc | LSE:KIBO | London | Ordinary Share | IE00B97C0C31 | ORD EUR0.0001 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0375 | 0.035 | 0.04 | 0.0375 | 0.0345 | 0.0375 | 0.00 | 08:00:09 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 1.04M | -9.78M | -0.0026 | -0.15 | 1.51M |
TIDMKIBO
RNS Number : 6920W
Kibo Energy PLC
03 August 2018
Kibo Mining Plc (Incorporated in Ireland)
(Registration Number: 451931)
(External registration number: 2011/007371/10)
Share code on the JSE Limited: KBO
Share code on the AIM: KIBO
ISIN: IE00B97C0C31
("Kibo" or "the Company")
Dated: 3 August 2018
Kibo Energy PLC ('Kibo' or the 'Company')
Change of Name
Kibo Energy PLC (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to announce that the change of name to Kibo Energy PLC has become effective immediately on the AIM and the name change will follow the below timetable on the JSE.
Last day to trade under current name Tuesday, 6 August 2018 List and trade under new name on JSE system Wednesday, 7 August 2018
Record date for JSE purposes Friday, 10 August 2018
CSDP's and brokers accounts updated Monday, 13 August 2018
Kibo would also like to confirm that no action is required by shareholders and the share code on the AIM and JSE, CUSIP number, as well as the ISIN and UK SEDOL will not change. The Company is also in the process of updating its website and all other communication platforms to reflect the name change.
With three power projects in development in Tanzania, Botswana and Mozambique, the Company believes that its new name more accurately reflects its strategy focused on building a leading position in the African power market.
**ENDS**
This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").
For further information please visit www.kibomining.com or contact:
Louis Coetzee info@kibomining.com Kibo Energy PLC Chief Executive Officer Andreas Lianos +27 (0) 83 4408365 River Group Corporate and Designated Adviser on JSE -------------------- -------------------- ------------------------- Ben Tadd / Tom +44 (0) 20 3700 SVS Securities Joint Broker Curran 0093 Limited -------------------- -------------------- ------------------------- Jon Belliss +44 (0) 20 7399 Novum Securities Joint Broker 9400 Ltd -------------------- -------------------- ------------------------- Andrew Thomson +61 8 9480 2500 RFC Ambrian Limited NOMAD on AIM -------------------- -------------------- ------------------------- Isabel de Salis +44 (0) 20 7236 St Brides Partners Investor and Media / Priit Piip 1177 Ltd Relations Adviser -------------------- -------------------- -------------------------
Notes to editors
Kibo Energy PLC is a multi-asset, Africa focussed, energy company positioned to address the acute power deficit, which is one of the primary impediments to economic development in Sub-Saharan Africa. To this end, it is the Company's objective to become a leading independent power producer in the region.
Kibo is simultaneously developing three similar coal-fuelled power projects: the Mbeya Coal to Power Project ('MCPP') in Tanzania; the Mabesekwa Coal Independent Power Project ('MCIPP') in Botswana; and the Benga Independent Power Project ('BIPP') in Mozambique. By developing these projects in parallel, the Company intends to leverage considerable economies of scale and timing in respect of strategic partnerships, procurement, equipment, human capital, execution capability / capacity and project finance. Additionally, the Company will benefit from its robust and experienced international blue-chip partnership network across its project portfolio, which includes: SEPCO III (China), General Electric (USA); Tractebel Engineering (Belgium); Minxcon Consulting (South Africa); ABSA / Barclays Africa); and Hogan Lovells International LLP.
Johannesburg
3 August 2018
Corporate and Designated Adviser
River Group
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
CANEASPAESFPEFF
(END) Dow Jones Newswires
August 03, 2018 02:01 ET (06:01 GMT)
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